NYSE:ENVEnvestnet Stock Price, Forecast & News

Envestnet's stock was trading at $63.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ENV stock has increased by 18.3% and is now trading at $74.9250. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 5 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Envestnet.

Envestnet is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Envestnet.

Envestnet Inc (NYSE:ENV) posted its quarterly earnings data on Thursday, May, 7th. The business services provider reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.12. The business services provider earned $246.50 million during the quarter, compared to analyst estimates of $242.32 million. Envestnet had a positive return on equity of 8.94% and a negative net margin of 0.66%. Envestnet's quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 earnings per share. View Envestnet's earnings history.

Envestnet issued an update on its FY20 earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of $1.92-2.02 for the period, compared to the Thomson Reuters consensus estimate of $2.08. The company issued revenue guidance of $939.5-945.5 million, compared to the consensus revenue estimate of $966.94 million.

11 brokerages have issued 1 year price targets for Envestnet's stock. Their forecasts range from $68.00 to $85.00. On average, they anticipate Envestnet's stock price to reach $75.82 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View analysts' price targets for Envestnet.

Headlines about ENV stock have been trending somewhat negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Envestnet earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Envestnet.

Some companies that are related to Envestnet include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Stamps.com (STMP), LivePerson (LPSN), J2 Global (JCOM), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), CROWN CASTLE IN/SH SH (CCI), Micron Technology (MU), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC).

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Envestnet's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.34%), Richard P Slaughter Associates Inc (0.06%), Diversified Trust Co (0.01%) and Contravisory Investment Management Inc. (0.00%). Company insiders that own Envestnet stock include Anil Arora, Brandon Thomas, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Ross K Chapin, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager. View institutional ownership trends for Envestnet.

ENV stock was sold by a variety of institutional investors in the last quarter, including Richard P Slaughter Associates Inc. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Brandon Thomas, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien, and William Crager. View insider buying and selling activity for Envestnet.

ENV stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Diversified Trust Co, and Contravisory Investment Management Inc.. View insider buying and selling activity for Envestnet.

Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ENV stock can currently be purchased for approximately $74.93.

Envestnet has a market capitalization of $4.01 billion and generates $900.13 million in revenue each year. The business services provider earns $-16,780,000.00 in net income (profit) each year or $1.21 on an earnings per share basis. Envestnet employs 4,190 workers across the globe.

The official website for Envestnet is www.envestnet.com.

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]